Hints and tips:
...“Ultimately what we want to do is make a lot of money — irrespective of which way the prices are going,” said Tony Fenner-Leitao, president of $25m-in-assets Cambrian Asset Management....
...Not long before, friendly takeovers were agreed that will remove the ticker symbols of Laird, the electronic components maker which came out of a Merseyside shipyard, and Fenner, a FTSE 250 manufacture of...
...Fenner does not report its full-year figures until November, so two non-executive directors, Michael Ducey and Chris Surch, have been building their stakes....
...Read the full story here Blackstone has hired Michael McRaith, the former head of the US Federal Insurance Office, as managing director....
...Fenner last issued a profit warning in July....
...Ferdinand Balfoort Director, Global Services, BIA Investor Relations Gavin Hayman Executive Director, Open Contracting Partnership Gemma Aiolfi International Centre for Collective Action Gretta Fenner...
...Shares in Europe’s biggest listed datacentre operator hit a two-year low on Thursday in spite of share purchases by its chief executive Michael Tobin....
...“The interim results are shy of our expectations at all levels,” said Michael Blogg, analyst at Investec....
...Following Fenner’s most recent market update in March, Michael Blogg, analyst at Investec, cut back his earnings forecasts for the company by 2 per cent, citing a slower rate of recovery in the US coal market...
...Recruiter Michael Page rallied 6.6 per cent to 368p after its year-end trading update proved no worse than flagged up by its December profit warning....
...Nick Hobson, a current member of Fenner’s executive committee and a 20-year veteran at Fenner, will take on the chief executive role in March next year to complete the reshuffle....
...- Corporate: Stobart Group, BG Group, Telecom Egypt, Aer Lingus, Michael Page, CLS, Intertek, Stagecoach, Inmarsat, Xstrata, Fenner, BATM Advanced Communications, Chaucer, Petrofac, Paddy Power, Chariot...
...A famous name from Wall Street’s past has re-emerged as Bank of America’s official broker-dealer platform in the US: Merrill Lynch Pierce Fenner & Smith....
...Fenner, the Yorkshire-based industrial conveyor belt maker, has raised £36m in a share placing to help fund a number of planned bolt-on acquisitions....
...Fenner, which also supplies components used in engines and airport luggage carousels, saw revenue for the year to August 31 jump 14 per cent from £438m to £499m....
...Among his “high conviction target list” are Morgan Crucible, Rotork, Halma, Spirax-Sarco and Fenner, though he suggests companies with enterprise values of £1bn or less would prove more digestible....
...But Mr Abrahams said Fenner had emerged from a tough trading year in good shape....
...Hays finished up 4.4 per cent to 110¾p while Michael Page was easier by 2.2 per cent to 397p....
...Michael Foster, chief executive, blamed destocking by distributors and planned production cutbacks by end users, particularly in the motor and transport sectors, for a drop in demand for welding products...
...Mark Abrahams, chief executive of Fenner, a major supplier of conveyer belt systems to heavy industries with much of its operations based overseas, says: “More than half of our profits are US dollar-based...
...Michael Page led the FTSE 250 risers, up 9.3 per cent to 360¾p, on speculation that Switzerland’s Adecco could offer 500p per share in an attempt to win boardroom approval....
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